Posted April 19, 2017 6:06 pm by Comments

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“This could occur if higher foreign demand for agricultural products led to a strengthening of the dollar, making other Illinois exports less competitive.”

Comment: Hmm. Interesting. The argument is based on the assumption that agriculture is less labor intensive than other industries that would be impacted by a higher dollar. Seems to me the real driver of the dollar is interest rates, which for the time being are set artificially anyway, so I’m not so sure.

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